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Following a special meeting to decide on a new name reflecting its automotive profile and that it belonging to the Wallis Group, Altera Nyrt., the seventh largest firm on the Budapest Stock Exchange (BÉT), will be known from now on as AutoWallis Nyrt., according to a press release sent to the Budapest Business Journal.

The papers of seven exchange-traded funds (ETFs) and six European foreign stocks have been added to the trading portfolio of the BETa Market at the Budapest Stock Exchange (BÉT), the bourse said on Wednesday, as reported by state news agency MTI.

Trade in the ordinary shares of SET Group Nyrt. was suspended temporarily from the start of the trading session on Wednesday pending an extraordinary announcement that could affect the share price, according to a resolution posted on the website of the Budapest Stock Exchange (BÉT). Trading in the shares resumed at 3 p.m.

In mid-December, Altera will reach an important milestone in its transformation as Wallis’s automotive group enters the Budapest Stock Exchange (BÉT) via the corporation. Important decisions await shareholders at a general meeting on December 17, notes a press release sent to the Budapest Business Journal.

The Hungarian Diabetes Association is conducting a survey to try and better understand the everyday lives of diabetics. The goal of the Synapse Health Panel research is to establish effective treatment methods for diabetics.

A public offering and private placement of shares of BILK Logistics, which owns one of the biggest logistics parks in Budapest, starts Wednesday, June 20, and runs until July 4, the issuer said on the website of the Budapest Stock Exchange (BÉT) Tuesday.

Shares of BILK Logisztikai, one of the biggest logistics parks in the capital, could be listed on the Budapest Stock Exchange (BÉT) as soon as June, owner György Wáberer said in an interview with business news site portfolio.hu.

MKB Bank plans to sell a stake of between 20% and 30% on the Budapest Stock Exchange (BÉT) next year to meet the terms of a European Union-sanctioned bailout, CEO Ádám Balog told news wire Bloomberg in an interview on Wednesday.

The Budapest Stock Exchange (BÉT) had after-tax profit of HUF 176.3 million in 2017, more than double the HUF 72.9 mln one year earlier, shows a report approved by shareholders at Wednesdayʼs AGM. EBITDA rose to HUF 465.9 mln, from HUF 382.8 mln a year earlier.

The Wallis Group’s automotive trading and service provider companies will enter the Budapest Stock Exchange by acquiring control of listed Altera Plc. via a public bid and increasing capital through contributions in kind, according to a press release sent to the Budapest Business Journal on Wednesday.